Home News Page 1123

News

Petra’s blue diamond fetches record price

0
Petra Diamonds says it has sold a blue diamond mined in SA for a record $300 000 a carat.

DRDGold, Village still in talks over Blyvoor

0
DRDGold has said its negotiations with Village Main Reef regarding the latter's R150m bid for Blyvooruitzicht Gold Mining Company are "still continuing".

Sishen judgment postponed

0
Judge Raymond Zondo is not expected to release his full judgment in the North Gauteng High Court case over the disputed right in Sishen iron ore before Wednesday.

Mvela shareholders block Blackstar buyout

0
Investment firm Mvela Group says its shareholders have blocked a buyout offer from London-listed Blackstar Group, sinking a $215m deal.

AngloGold now holds 19.9% in Mariana Resources

0
AngloGold Ashanti now holds a 19.9% stake in exploration and development company Mariana Resources.

BHP sells Chidliak diamond stake

0
BHP Billiton will sell its majority stake in the Chidliak exploration project in northern Canada to partner Peregrine Diamonds, less than a month after announcing a review of its diamond assets.

Num wants First Uranium CEO to be fired

0
The National Union of Mineworkers has urged mining company First Uranium Corporation to fire its CEO after the company said it may retrench 1,800 mineworkers.

Gold tests $1,600 but Europe anxiety weighs

0
Spot gold is struggling to breach $1,600 an ounce, as investors remain nervous over the progress of the euro zone's efforts to rein in its debt crisis.

Anglo American may sell Amapa

0
Anglo American is considering selling its majority stake in the Amapa iron ore operation in northern Brazil as it focuses on its flagship Minas-Rio growth project further south.

Platmin pledges JSE relisting by 2013

0
Platinum group metal producer Platmin says it has promised to relist on the JSE before January 2013.